LV Collective plans pair of 400-foot towers in West Campus

One of Austin’s busiest developers of student housing is looking to further transform West Campus.

LV Collective — which has already developed multiple towers in the area near the University of Texas, and has branched into other kinds of high-rise housing, like Rainey Street’s Paseo — plans to redevelop adjacent parcels on West 24th Street, one used as a parking lot and one home to a retail center that includes Starbucks and Smoothie King.

In their place, the local developer envisions a pair of towers that would add to the growing skyline surrounding UT.

LV Collective confirmed its involvement in the projects and said there’s specific construction timelines, but declined further comment.

But recently filed public documents provide some idea of what could rise on the sites. The two multifamily towers would each rise 400 feet, according to site plans filed with the city. That could equate to around 38 to 40 stories and would be taller than anything else in West Campus — close in height to downtown buildings such as the Colorado Tower and Third + Shoal offices and the Austin Marriott Downtown.

The first tower, called the Court of Three Sisters, would rise on two lots totaling nearly half an acre at 504 W. 24th St. and 2405 Nueces St., according to public documents. Each lot is home to a two-story structure, with the former including the Starbucks, which was the second Texas location of the coffee chain to unionize last year.

The project would have 210 units ranging from studios to six-bedroom apartments. Four of the planned thirty floors would be reserved for parking.

Directly across the street from Court of Three Sisters, at 501 W. 24th St., LV Collective wants to develop a tower called The Arconia. That property is a parking lot owned by Sigma Epsilon of Kappa Delta House Corp., tied to the UT chapter of the Kappa Delta sorority, which is headquartered next door at 2315 Nueces St.

Plans for The Arconia are similar to the Court of Three Sisters. The tower would have 208 multifamily units ranging from studio to six-bedroom floor plans, and four of the 30 floors are planned for parking, according to site plans.

While it is not known if the projects will be student housing, their proximity to campus and the larger floor plans make it likely.

STG Design is attached as architect to both projects.

The tallest tower currently in West Campus is Waterloo at 2400 Seton Ave., which was also developed by LV Collective — it sold the 30-story building late last year to Global Student Accommodation. Formerly known as Lincoln Ventures, the Austin-based company is best known for its student-oriented multifamily developments: examples in Austin include The Ruckus, Moontower and Rambler. It has also completed communities in Florida, Arizona and Georgia.

Led by CEO David Kanne, LV Collective ranked No. 16 on Austin Business Journal’s latest list of multifamily developers, with 456 units under development or delivered in 2022, plus 1,359 non-local units.

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